OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-06-30-accounts

) SIR BOBBY CHARLTON FOUNDATION Azets Audit Services Limited Alpha House 4 Greek Street Stockport Cheshire SK3 8AB Re: The Sir Bobby Charlton Foundatlon To whom it may concern The following representation5 are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your audit of the charity's financial statements for the period ended 30 June 2023. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief. GENERAL We h8ve fulfilled my responsibility l our responsibilities as directors I trustees Bs set out in the tems of your engagement letter dated 28 September 2023, under the Companies Act 2006 for preparing financial Statements in accordance with applicable law 8nd United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi￿1, for being satisfied that they gThie a true and fair view and for making acwr8le representations to you. 2. All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. 3. All the a¢￿UntIng ￿CordS have been rna<Je available to you for the purpose of your audit. We h8ve provided you wtlh unrèstricted access to all appropii8le persons within the charty, and with all other records and related information requested, induding minutes of all managemenl and trustee meetings and correstxjndencè with the Charity Commission. ADJUSTMENTS & DISCLOSURES The finanaal statements are free of material misstatements, including omissions. S. The effecis ol uncorrected tnisstalements are immaleri81. both individually and in 8ggreg8te. to the financial statements as a whole. +441011565 759 829 Info@th05bcfoundatlon.or9 www.thesbcfoundatlon.org Sprlngwood. Booths Park. Chelftjrd rioad. Knutsford. Choshlre. WA16 8GS. UK ThesiiOobby¢h•tlton Four￿￿tk)n 1soUK Rty15toted ChailtyNts1140911 For Victims of Conflict Classification.. EFG Confidenti31

I) SIR BOBBY CHARLTON FOUNDATION 6. We havo reviewed and approvgd 811 audit adjustments rn8de the financAal statement8. 7. We have ieviewed and approved all disclosures made in Ihe finanaal $tafemenls and we are not awaie of any other matters which require disclosure in order lo comply with the requirements of applii%bJe law and United Kingdom Awounting Standards (United Kingdorn Generally A¢¢epled Accounting Practicel. INTERNAL CONTROL AND FRAUD 8. We acknowledge oui responsibility lor the design, implementatKJn and maintenance of internal control lo prevent and detect fraud and error, and w8 believe that we have appropriately fulfilled these ￿Sponsibl1111e$. We have disclosed to you the results of oui risk assessment that the financial statements may be misstated as a result of fr8(Kl. 9. We have disclosed to you all instanTrs of known or Suspected fraud affe¢ling the charity Invo￿1ng management, employees who have 8 significant role in inlemal control or others where fraud could hav6 3 materi81 effect on the financial statements. 10. We have also disclr)sed lo you all infomalion in relation to allegatitsn$ of fraud or suspected fraud affecting the charity's financi81 statements communi¢8led by current or f()rmer employees. anatysts, iegulalors or others. ASSETS AND LIABILITIES 1 f. The charity has satisfadory title to all assets and there are no liens or encumbrances on the charity's 8s$ets except for those that ale disclosed in the notes lo the financial statements. 12. There were no Changes in fixed assets during the period ended 30 June 2023 other than those disc108ed in the accounts. 13. We have reviewed the residual values attached to fixed assets and confim they are still appropriate and ieasonabltr retTections of thesè 8$8el8 condition and usage. 14. All adu81 liabilities, contingent liabilities and guaiantee8 given to third parti¢$ have been recorded or dis¢lo8ed as appropriate. 15. We have no plans or intentions that may materially alter the cavrying value and, where rèlev8nl, the fair value measurements or classification of assets and liabilities reflecled in the financial statements. 16. We confifrn that all bank aceovnls have been disclosed to you and are induded within thefinancial statements. 17. We confimi that thè charity has not contra¢ttrd for any capital eXpend[tU￿ other than as disdos&d in the nancial statements. ACCOUNTING ESTIMATES 18. The rnelhods, data and significanl assumption$ used by us in making accounting estimates, and their related disclosures. are appropri81e to achieve recognition, measurement and disclosure that is reasonable in the onlext of the applie8ble finanaal reporting framework. LOANS AND ARRANGEMENTS 19. The oharilable company h83 not granted any adVan￿S or credits to, or made guarantees on b&half of, directors other than those disclosed in the finanaal stslements. LEGAL CLAIMS 20. We have di8closed to you all daims in connection with litigation that have been, or areexpected to be, rec￿￿ed and su¢h mallers, as appropriate, have been properly aixounled forand disdosed in the financial statements. *441011565 759 829 1nfo@thgsbcfoundatlon.org www.th95bcfoundatlon.org Sprlngwood. Booths Park. Chelford R08d. Knutsfofd. Chèshlr•. WA16 8GS. UK Th•SlrBobtyCharl￿n Foutvjallonlsa UK RegIste￿￿ ChIrftyN￿1740>71 For Victims of Conflict Classificatlon= EFG Confidential

a) SIR BOBBY CHARLTON FOUNDATION LAWS AND REGULATIONS 21. We have disdosed lo you all known instatKes of non-cotnpli8n¢e or suspecied non-complianca with laws and regulations whose offe¢ts should be considered when preparing the financial stslements and disclosures. including non-compli8nce matters". Involving financial impropriety., Related lo laws or regulations that have a dirÈ¢t 8ff•ct on the deterrninalion of material amounts and dis¢10sures in the charity's financial stalemenls., Related to laws and regulations that have an indirect effect on amounts arKI disclosures in the finanaal statements, bul compliance with which may be lundamental to the operations oflhe charity's business, its ability to continue In business, or to avoid rnalerfal penalties,. and Involving management, or employees who have significant roles in intemal control, or others. 22. We are unaware of any known or probable instances of non-compli8nce with the requirernenl$ of regulatory or governrnental aulhorilies, in¢luding their finanaal rep(Kting requirements, and there have been no communications from regulatory agencies or government representatives conceining investigations or allegations of non-compliance, other than those already disclosed. RELATED PARTIES 23. Related party relationships and transactions have been appropriately accounted for and disclosed in the financi81 statements. We have disclosed to YOU 811 relevant infomiation conceming such relationships and trans8dions and we confirm that such information is complete. We are not awaie of any other matters which require di5¢10sure In oidei to comply wrth legisl8tNe and 8eeounting standards requirements. SUBSEQUENT EVENTS 24. All events subsequent to the date of the finanoal statements which require adjustment or disclosu￿ have be6n property accounted for and disclosed. GOING CONCERN 25. We believe that the charity's financial slatgmènts should be prepared on a going concem basi3 on the grounds that existing cash reserves will be more than adequate for the ¢harity's needs. 26. We 81$0 confflm our plans for future action required to enable the charity lo ¢ontinLte as a going concern are feasible. 27. We have considered a period of twelve months from the dale of 8pproval of the financial ststements. We believe that no further disclosurtrs relating to the charity's ability to continue as a gThng concern need to be made in the financial slalemerrts. GRANTS AND DONATIONS 28. All grants, donations and other income, the recspl of whith is subject to specific terms or eondthons, have been notified to you. There h8ve been no breaches of terms or eonditions in the application of such income. DISCLOSURE OF INFORMATION TO THE AUDITOR 29. We athnowledge our 16gal responsibilities regarding disclosure of inforrnalion lo you as auditor and confirm that so far as we are aware, there is no relevant audit information needed by you in connection with preparing your audit report of which you are unaware. 30. Each director has taken all the steps th8t they ought to have taken as a director in orcser lo make themse aware of any relevant audit information and lo eSta￿lsh that you are aware of that infortnation. Yours faithfully +44 IOW565 759 829 Info thesbcfoundatlon.org www.thosbcfoundatlon.org Sprtngwood. Booths Park. Chelford Road, Knutsford. Ch•shlr•. WAI6 8GS. UK Thv51r BDbtyCharfton F￿J￿￿&t￿ 5s4 UKR•glstqrqd C￿lI￿N￿lI40￿1l For Victims of Conflict cla55ification.' EFG Confidential

I) SIR BOBBY CHARLTON FOUNDATION Signed on behalf of the board of directors by.. +44(0￿565 759 829 Info thosbcfoundatlon.org wv¥w.th•sbcfoundatlon.or9 Sprlngwood, B¢)oths Park. Chelford Road. Knutsford, Ch95hl¥e. WA16 8GS. UK Ihe51rBDbb/Ch&rttonFowd4tknlsauKRty15t•ivdChBrlty+lo.11409I1 For Victims of Conflict Classifitation.. EFG Confidential

Charity registration nurnbèr 1140911 Company registration number 07574103 (England and Wales) THE SIR BOBBY CHARLTON FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

THE SIR BOBBY CHARLTON FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Trustees Lady N Charflon Mr S W Cross Mr J T Shi619 MrRLACecil Ms J E Bateman Founder Sir R Charllon Amb•ssa(lors Mr S Hughes Mr G Duley Chartty number 1140911 Company number 07574103 Prlnclpal address Booths Hall Booths Park Cheford Road Knutsford Cheshire WA16 8GS Reglster•d office Beoth5 Hall Booths Park Chelford Road Knutsfoid Cheshire WA16 8GS

THE SIR BOBBY CHARLTON FOUNDATION CONTENTS Page Founderfs Yeport TNstaès' mport Statement of trustees. resp)nsibilities Indepèndent auditofs report Statement of ftnancial acllvllios 10- 11 Balance sheet 12 statement ofcash flows 13 Notes to the financ￿1 stalernentS 14-28

THE SIR BOBBY CHARLTON FOUNDATION FOUNDER'S REPORT FOR THE YEAR ENDED 30 JUNE 2023 statement from the Founder, Sir Bobby Charlton 'While visiting Cambodia in 2008 1 w95 shocked lo see the continued suffering of the people long after the war had ended, especially those living in poor farming communities. I ci)mmitted myself to doing all I c(KJld lo help these people. T<)day l am proud to be surrounded by a cornmilled group of people who share my vision 8nd determination lo do all they can for the victims ol IX)nflict.'

THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT FOR THE YEAR ENDED 30 JUNE 2023 The trustees, who are also directors for tho purposes of company18w, pr8sènt their report and fin8ncial statements the yèar Ènded 30 June 2023. Th8 financial statements have been prepared in aewrdance with the accounting poliaes set out in note 1 to the rinancial stalements and cornply with the charity'5 goveming document, the Companies Act 2006 and "Accounting and Reporting by charit￿5.. Statement of Rèctsmmended Practice applicable to charities preparing their 8c(>unts in accordance vAlh thè Financial Reporting Slandaid applicab16 in the UK and Republic of Irdand IFRS 1021" la5 amended foi accounting pèriods commencing from 1 January 20161. Objectlves and a¢tlvltl•s Overview As thè 2021-22 period drew to a close, the Truste&s rècognised the ongoing, challenging economic sltuation bgme of the Pandemic and eX￿erbated by the Russian invasion of Ukraine. high inflation and the swollen costs of living across the country - and the need to rè-èvaluate the charity's stratègy to support ils suslain8bility and the ongoing achievement of ils Charitable purpose. In 2022-23, thè Trustees implemented a plan to narrow the focus of Ihe charity, In particular moviTrJ away from fvnding academic research which we had identif18d ag Costly and no longer an optimal use of charitable ftjnds. The decision was made to focus on the core of Sir Bobby Charlton's vision wh8n ho established the charity in 2011, namaly to support landmine victims in Cambodia, and provide educatson and safe places for football in areas Bffected by conflict. Activities The Trust8es maintain thair bdief that a narrower focu5 create improved opportunit￿S for fundraising and provide the charty with a more sustainable future. Several of the charity's long-standing fijnding commitments camè lo a close in 2022-23 lor had already been cornpldèdl including research projects with the Univer51tie5 of Manchester. Glasgow and University College London. together ￿￿th humanitarian initiatives in Jordan and Iraq. We were able to adjust the focus of our 8Ctiviliès without compromisirig gxlsting commitments or lailing our beneficiaries. We launchgd onè naw project in 2022-23, which all￿ed closaly wth Sir Bobby's vision. Ihe provision of prosthetics and orthob.cs to 800 benefiuaries in three cenlres in Cambodia, delNered w8 8 longstanding partner, Ex<ed WorfdwKIo. As well as completing existirvJ ptojects, much of 2022-23 was spent on deliniro a new strategic directicffl fr*r the charity, focusing on identifying initiats'ves that are low wst but high impact and wll be taken foward from 2023-24 onwards.

THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Staff Changes in tha pèrsonal circurnstances of our two remaining staff membèrs including the rets'rement of the charity's CEO, L(>u McGrath - have allowed the trustees lo review the staffing strategy of the charity, and align it to our revised strategy and activities. In October 2023 the charity's sole remaining employee left Ihe organisats'on. Activity in 2023-24 will be deliverad through a cosl-effective mix of vdunleering and service contracts, and kept under review. A fo￿ard400k Our revised strategy introjucès 8 domestic workstream for Ihtr first lime. This is mob'vated by the esleern in which Sir Bobby is held across England, and particulady his association wlh Manchester and th& Northwes( his adopted homè. It Is the view of the Trustees that the resonance of his name will give additional and promising Scope for the SBCF to raise more funds Furthermore, the Northw&sl 15 home to many wmmunit18s ￿Pulated by large numbers of refugee families and asylum seekers who have been affected by war and are, ther8loTe, target beneficiaries for the charty. On 21 October 2023, Sir Bobby passed away. Suth was the impact of hi5 death across the worfd, that therè was global coverage of his career, outpourings of grièf and lribules, and a funeral at Manchester Cathedral attended by fwtball legends and 8ven HRH The Prin￿ of Wales. Significant donats.ons were received by the charity, demonslraling the love and resped he commands. The Trustees are reassured of th& value of pursuing a domestic agenda, which will not onty enhance the profile of the chanty and of Sir Bobby's humanitarian work, but also stand th8 SBCF in gool stead to attract funds to grow his legaey. The trustees have pald due regard to guidance issued by the Charity Commis5K)n in deciding what activth8s thè charity should undertakè. Grant Applications Those s6aking funds from SBCF ar6 reqU￿red to follow a set pro￿$$ which inVo￿e$ the completion of application forms, induding the provision of legal. linanoal and policy information to Complete the application proc8S5. Applitranls are also reqUI￿d to provide copies of official documentation and other relevant supporting d￿uMents. If the giantee is likely b be working with young or vulnerable p60ple as part of their proposed proi8(#, they musl supply evidence of their safeguarding policies and wocedures. Cormpleted applications are taken to the board of Irusiees for final approval before funding is awarded. All projects fund8d by SBCF are comprehensively monitored and evaluated. A schedule of payments is drawn up as part of the cl￿tra￿ and requires reports to bè s8nl and approved by tha senior management tèam pri¢r to payments being made.

THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Achievèments and perfonnance The domestic plans for 2023-24 inelude: The Lowry, Salford.. in lounng its flagship artwork by LS Lowry around the Northwest, the 'Going to the Match. paintiNJ evokes memoriès and thoughts about rnatch-day. so special lo Sil B()bby ar￿ evocativè of 'the beautiful game, that he so loved With funding provided by SBCF, venues will hold workshops for loeal communities, with some specifically dedicated to bnnging in refugees and asylum-seekers, encouraging them to enjoy art and the storytelling around it, and to stimulate interest in art and culture as a potential relief from trauma and supptrrt f￿ wellbeing. street Reds.. in 2017 Sir Bobby and Lady Norma knekad off a community prejèet delivered by Ihè Manchester United Foundation in Moss Side, Ih8t the Charity continues to sponsor. Street Reds encourages youngsters frorn challenging communi118S to come and play football in an inclusNe environment, ￿arnillg football. tèambuilding, and sorial sknlls, whilst developing se￿-Confidence and resistan￿ to anb-social behaviours into which thesé youngsters often gel drawn. The Slfeel R8ds project will b6 named after Sir Bobby and will be funded by the SBCF. As well as ils hist(xic connection, this area of Manchester has a dense r8fug8e community, which 81ign5 to the S8CF charitabl8 objectives. Inttrrnatlonally. the SBCF will.. In Ukraine. SFK)nsor three venues in eonjunclion with the Shakhtar Foundation where youngsters can comè together to play football safely three times a week and benefit from v(Auntary eounselling from psycholcgists trained lo deal with people suffering from th8 Impact and emotional strèss of conflict. In Camb(yJia, Contin￿ lo support the provision of proslhelics to o)nflict-affeoted comrnunits"es. In 2023124, Trustee5 will also: linalise, approve and begin the implern8ntation of rts revised strategy,. continue to review ltsw (x)stlhigh impact opportunities to increase th8 profilo of the Sir Bobby Charfton Foundation, to t811 the story of Sir Bobby the humanitarian, and lo grow his legacy of supporting those suffering from wai and Conflict., refresh the charity's approach to fundraising lo grow funds available for delivèry of our strategy, r&p￿nIsh our reseNes and lo se(xJr8 th6 charity's financial futura,. rewtrw the governance of the charity. and appoint new B08rd members to ensure that the Board ofTrusteès has the skillset to support and ovèrsee the charity's w(xk, agree a long-term staffing structure lo support the delivery of the stratsgy. Financial review 11 is the policy of the eharily Ihal unrestrictéd funds which have not been designated for J specific use should bè maintained at a level equivalent lo belweèn three and six month's expènditure. The Irusl8es ctsnsider that reserves al this level will ensure that, in the event of a significant drop In funding, they will be able to conts'nue the charity's current activities while consideration is given to ways in which addititsnal funds may be raisad. This level of re58rvas has been maintained Ihrcughoul the yèar. Investment Pollcy The board has reviewed ils investrnènt policy and a policy 15 in place, designed wth the help of expert a(fvisors. This is a comwehenshive policy covèring all areas in¢luling ethical invesb'ng and management of risk. Thè chair and board members maintain oversight of these investments. Investment Manage￿nt is to be reviewed biannually with the policy reviewed annually by the trustees. A formal appraisal is lo be conducted on a Ihree-yèar basis. In making such investments. the eharity seeks a Icng-lem èpprecialion of the portrolio. The investment p￿trOllO is managed by HSBC Private Bank and followng the appraisal of tho management of thtr inveslm8nt fund as noted above, the board has deaded lo engage with Wealherbys and transfer all ol the assets from HSBC Private Bank. This is a discretionary service aiming for growth and incotne with a medium level of risk that is appropnate for the lime horizon and purposes agreed. SBCF ensures Ihal no investrnents are made in the manufacknjrè of landmines or Cluster munitions in accordance wth the SBCF inveslrnent policy.

THE SIR BOBBY CHARLTON FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Risk Management The board continue5 to recognise tho IrnpOrtan￿ of managing risk lo enable the charity lo wnlinue to perform at the highest level. The trustees require a continuous rèview of the risk registèr and the senior manaJement t8am are challenged to report routinely to the trustee meetings. Structure, govemance and management The eharty is a Company limited by guarantee. The charity was incorwrated on 22 M8r¢h 2011 and is eonstitulèd undei its Article5 of Association. It is a registered charity under charrty numbèr 1140911 and o)mpany numbèr 07574103. The trusttses, who are also the directors for the PL¢rposo of company law, and who sèNéd during the year and up to the date of signature of the financial statements were.. Lady N Char4ton Mr S W Cross Mr T J Ooherty Mr J T Shiels MrR LACe￿I Ms J E Baloman (Resigned 21 Marth 20231 Exists'ng trusteos havè the power to appoint new Ituslees. None of the trustees has any beneficial interest in the ￿Mpany. All of the trustees are members of tha company and guaiantee to contribute £1 in the event of a winding up. Trustee Recrultm•nt & Governance The boatd of trustees are responsible for the strategic diredion and govemance of the organisalion. Operational decision making 15 currently und8rtaken by the board of trustees following thé resignation ol the CEO and subsequènt reslruclure of the SBCF All trustees give their time freely and receive no remuneration or financial benefit in their capacity as trusteès. Details ol Iruslees. èxpenses are disclosed in the accounts. Trustees are required to d6dare all relevant interests and the Charity maintains a register ol intèrests as an nlernal record of Iruslees, inttrre5t5. Trustees are recruited for their individual kno￿adY& and experbse to hdp benefit the objectives of the charity. Trustees are expected to use their influenee and assist In fundraising efforts to financially support the ehafity. They are also &xpecled lo help in raising awareness of the charity s work and supwjrt Ils advocacy efforts. Audltor In aC(￿rdance with the o)mpanYs articles, a resolution proposing that Azets A￿JIt Services be reappointed as auditor of the charitable company wll be pul al a General Mè8ting. Dlsclgsure of informatlon to audllor Each ol the trusteés has confirmed that there is no informats'on of which they are aware which Is relevant lo the audit, bul of which the auditor is unawarè. They have further confimèd that they have taken appropriate steps to identify such relevant informab'on and to establish that th6 auditor Is aware ol such infomalion. Thè tws es, retKJrt was approved by the Board ofTrustees. MrR LACecil Trust•è Date..

THE SIR BOBBY CHARLTON FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2023 Thè trustaès, vtho are also the directors of Th8 Sir Bobby Charfton FoUndat￿n for the wrsy)se of wmpany law. are responsible for prep8nng the Trustees, Report and the financial statements in a¢cordan( with ap￿icab￿ law and United Kingdorr Accounting Standards (United Kingdorn G8nerally Accepted Accounting Praeticel. Company Law requires the trustees to prepare finalloal statements for each fina￿181 yearwhich give a true and fair ew of th8 slate ol affairs ol the charity and of the Incoming reSoUr￿S and applie8tion ol resource5, induding the Incom$ and èxpenditure, of the charitable ry)mpany ft)r that year. In preparing these ffinancial Statements, the trustees are requbred to.. select stjrtable accounting policies and then apply Ihem consistently. - obswv8 thè mathods and principles in the Ch8ritie5 SORP; makè judgèmnts and estimates that are reasonab￿ and ptudenl., and prepare the fin8naal statements on the going Ix)ncem basis unless il is inapproptiata to presume that the charity will (xjntinué in c)&ration. Thé trustees are resp)nsible for keeping adequatè acwunting re￿rdS that discltsse with reasonable accuracy at any time the fin￿cial position of the charity and enable them to ensvre that the financial siatements (x)mply wth the Companies Act 2006. They are also r85ponsible for safeguarding th8 assèts of the charity and hence lor tsking reasonable steps forthe prevention and detection ol fraud and other iiregularities.

THE SIR BOBBY CHARLTON FOUNDATION INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Opinion Wè have audited the financial 51alements of The Sir Bobby Charllon Foundation Ithe'charity'l for the year ended 30 June 2023 which comprise the slalemenl of financial activities, the balance sheet. thè stat8rrenl of cash flows and notès lo tre financial statements, including significant accounting policies. The finan￿al reporting framework that has been applied in their prep8rats.on is applicable law and United Kingdom Aeeounting Standards, including Financial ReKx)rting Standard 102 The Financial R&porting Standard applicabl& in thè UK and Republic of Ireland (Unitèd Kingdom Generally A￿pIed Accounting Practi(l. In our opinion. thé financial statements.. give a true and lair view of the slate cf the Charitab￿ compan￿5 affairs as at 30 Junè 2023 and of ils incoming resources and application of resource5, lor the year then ended, havè been properfy prepared in accordance with United ￿ngdoM Generally Aecepted A(￿o￿ntIng Practi￿., and have teen prepared in a(Lordance with the requir8tnen15 Oftt￿ CompaniesAct 2006. Basis for oplnlon We conducted OUT audit in aecordance with Inlemational Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under th058 Standards are further doScTlt￿d in the Auditor's respon&bilrtff8s for tlje audit the financial statements section ol our report. We are independenl of the charity in aceordance with the ethical requirèments that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethieal Standard. and we have fulfilled our other ethical responsibilities in ac(xrdance with theso raquirements. We believe that tha audit evidence we havè obt8ined is suffiaent and appropriate to provide a basis for our opinion. Concluslons relating to going cone•rn In auditing the financial statements, W8 have Concluded that the trustees. use of the going concèm basis of accounting in th6 p18paralion of the financial statements is appropriate. Based on Ihe wwk wè have performed, we hav8 not identified any material uncertaintses relating to avants ts ndibons that, individually or collectively, may east significant doubt on the charity's ability lo continue as a going con(xrn for a period of at least twelve mnlhs from when the financial statements are aulhorised for issue. Our responsibilitie5 and the responsibilities of the trustees with respact to going Ixjncem are deseribèd In Ihg relevant sectic)s of this iew)rt. other Infomiation The other information eomwises the informalK)n incIL￿￿￿ In the annual report othar than the finar￿la1 statements and our a(*Jitor's report ther8on. The Iruslees are responsible ft)r the other infomiation cont8ined wlhin the annual report. Our opinion on the financial slalemenls does not cover the other infomiation and, except to the extent otherwise explicitly slated in our report, we do not expre55 any fomi of assurance conrjusion Ihereon. Our reswnsibility is lo read the othar information and, in doing sts. consider whether the other information is materially ineonsistent with the finanaal staternents or our knowledge obtain￿1 in the course ol the audit. or otherwise appears lo be materially misstated. If we identify such material inconsistenci8s or apparent material misstatements, we are required to determine whether this gives rise to a matèrial misstatement in the finanoal slalements themselves. If. basèd on the work we have performed. we condude that there is a material misstatement of this other informatic￿, wè are required lo report that fad. We hava nothing lo report in this ragard. Oplnlons on other matters pre8cribed by the Companies Act 2006 In our opinion. based on the work undertaken in the o)urse ol our audit.. the infomialion given In the trustees, rekY)rt for th8 Iinanaal year IOT which the financial statements are prepared, whidi includes the directors, rewrt prepared for the purposes of company law, is consistent with the financial statements.. and Ihe directors, feport Included within thé trustees. report has been prapared in accordance with applicab￿ legal requirements.

THE SIR BOBBY CHARLTON FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Matters on which we are required to rèport by exception In the light of the knowledge and understanding of the charity and its environment obtain8d in the course of the audit, we have not identified matèrial misstatements in the directors, report included within the trustees, report. In the light of the knowl8dge and uThJerstanding of the ￿MpanY and its environment obtained in the course of the audit, ￿ have not identified material mi55tatemenls in the Iruslees. report. We have nothing lo rèport in respect of following matters in relah'on lo whith the Companies Act 2006 requir&s us to report to you if. In our opinion.. adequate accounting records have Th)t been kèpt, or retums adequate for our audit have not been raeèived from branchtrs not visiled by us., or Ihe financial statements are not in agreemsnt with the accounting records and relurns,. or certain disdosure5 of trustees. remuneral'on specified by law are not made., or we have not received all the inforrnation and explanations we requi¥e for our audit,. or the trustees were not ent￿ed to prepare the financial slalemènts in accordance wlh the small companie5 regime and take advantage of small eompanies. exemptions in preparing the Iruste8s' report and from the requirement lo prepare a stratègic report. Responsibilities of trustees As explained mole fully in the statement of trustees. r8spongbililies, the trustees. who are also the directors of the charity for the purFK)se of Company law, are resw)n51ble for the preparation of the financial statements and for being 3alisfied that they give a true and fair view, 8nd for sueh inlernal control 8s the tnjstees detemiine is ne￿SSary to enable the proparation of financial slatem8nts that are free from malen81 mi55tatement, whether due to fraud or error. In preparing the financial slalernents. the trustees are responsible for assessing the charitls ability to ontinua as a g￿n￿ concern, disclosing, as applicable, matters related to going concern and using the going concern basis of al￿Ountrng unless the trustees èrther intend to liquidate the charitable company or tr) e6ase operations, or havè no realistic altemalive but lo do so. Auditor's responsibilities for the audit of the flnancial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as 8 whde are free from material misstatement, whether du8 to traud or error, and lo issue an auditorfs report that includes our opinion. Rèasonable assurance is a high 18v81 of assurance bul is not a guarantee that an audit (x)nducted in accordance with ISAS IUKI wll always delect a material misstalemenl when it exists. Misstaternents can arise from fraud or error and are considered maten81 if. individually or in the aggregate, they could reasonably be expected to inffluen the eeonomic decision5 Of users tbken on the basis of these financial statements. A further description of our responsibilities is available on the Financial Reporting Council'5 website at.. httpsjl W*￿tre.org.Uklaudlt0rsreSponSlblliI1e$. This deseripts'on forms part of our auditorfs report.

THE SIR BOBBY CHARLTON FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE SIR BOBBY CHARLTON FOUNDATION Extent to which the audit was consldered eapable of detectlng Irr•gul•rftie6, includlng fraud lThegularitios. including fraud, are instances ol non-compliance with laws and regulatK)ns. We de51gn prO￿dureS in line with our responsibilities, outlin8d above and on the Financial Reporting Council's website, lo detect material misstatement5 in respect of irregulanties, induding fraud. We obtain and update our understanding of the ents'ty, its activities, its control environment, and likely ￿tUre developments. including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this urKlerslanding, we identity assess the risks of mat8iial rllisstalernent of the finan￿al stalemenls, whether due lo fraud or error, design and perform audit praC￿lUreS responsive to thos6 risks. and tsbt3in audit ewdence that Is Sufficient and appropnale lo provide a bosis for our opinion. This includes considerabon ol the risk of acts by the entity thai wara (yjntrary to applicable laws and iegulalions, including fraud. In reswnse to the risk of irragularitigs and non-0)m￿lance with laws and regulations, including fraud. we designed prO￿dureS which included.. Enquiry of management and those charged with govèmance around adual and potential litigation and Claims as well as aettjal. suspected and alleged fraud-, Reviewing minutes of rn8&tings ol those charged with governance,. Assessing the extent of cornpliance with the laws and regulations eonsideTed to have a d1￿ct matertal èffect on the financial statements or the operations of the entity through enquiry 8nd Inspection,. Reviewing finanaal statetnent disclosures and testing to supporting documentsbon to assess compliance with applicable ￿wS and regulations", Perfoming audit work over the iisk of management bias and override of controls, including testing ol journal entries and other 8diuslments for appropnateness, evaluating the business rationale of significant transactions outside tha normal course of business arKI reviewing accounting estimates for indicators of potential bias. Because of the inh8rent limitations of an audit. there is a risk that we ￿11 not detect all irregularitiès. including those leading lo a material misstatement in the financial statements or norkwmp1lan￿ with rEg￿latIon. This risk Increases the more that compliance with a law 01 regulation is removed from the events and transactions refleded in the financ￿1 statements. as we will be less likely to become awaro of instan￿$ of notFcOmplian(￿. The risk ol not detecting a material misstatement rèsvlling from fraud Is higher than for one results'ng from error, as fraud may involve collusion. f(xgery, intentional omissions, misrepreseniat1￿s, or the oveffide of internal control. Use of our report This rep(Yt is made solèly lo the company's members, as a b￿ly, in aeeordan¢e with section 391 of the Comp8nie5 Act 2014. Our audit work has been undertaken s(> that w8 might slate to thè company's members thosé m8tters we arè required to state to them in an auditor's rew)rt and for no other purposè. To the fultest exlenl pemitted by law, we do not accept or assume responsibility to anyona othei than the company and the company's members as a body. for our audit work. for th15 report, or for the opinions we have formed. Jonathan Ward (Senior Statutory Auditor) for and on behalf of Azets Audit Servle•s Chartered Accountants Alpha Houst 4 Greek Street stockport Cheshire SK3 8AB

o ¢ iu

THE SIR BOBBY CHARLTON FOUNDATION BALANCE SHEET ASAT30 JUNE 2023 2023 2022 Notes Flxed assets Tangible assets Invèstmènts 14 15 2,417 1,948,377 7,818 1,847,872 1,950,794 1,855.6go Current assets Debtors Cash at bank and in hand 17 5.641 161,908 61,465 940,280 167.549 1,001,745 Credltors: amounts falling due wlthln one year 18 110,8311 {284,5911 Net current assets 156.718 717,154 Total assets less current liabilitie¥ 2,107.512 2,572,844 Income funds Restricted funds Endowment funds- designat Unr8stricted lunds 10,222 194.695 1,￿2.595 9.164 934, 1.628,716 2.107.512 2,572,844 The finanaal statements wgre approved by the Trustee5 On ..... .. MrR LACecil Trustee Company registration numbèr 07574103 12

THE SIR BOBBY CHARLTON FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2023 2023 2022 Notes Cash flows from operating actlvitles Cash absorbed by operations 23 1779,4541 11,372,996) Investlng activities Purehase of t8ngible fixed assets Purchase of inveslmonts Proceeds on disposal of investments Investment income recwved I3,￿3) 11,073,628) 1,030,609 44,101 19.8521 46,122 Net cash generatèd from investing activities 1,082 32.307 Net cash usèd in financing actlvltlts Net deer•a$e in cash and cash *qulvalents 1778.3721 11.340,6891 Cash and cash equivalents at beginning of y8ar 940,280 2,280,969 Cash and cash equivalents at •rtrd of year 161,908 940.280 13-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 A¢wunting policies Charlty infomiatlon Th8 Sir Bobby Charlton Foundation is a private o)mpany limited by guarantèe incorporated in England and Wal85. The Tegistered office is Booths Hall, Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8GS. United Kingdom 10 Queens Street Plactr. London. EC4R 1BE. The principal activities of the charty can be split into three separate categories". The first is to piovidè funding research to help those whose lives have been affected by the continued presence of landmines and explosive remnants of war IERWI and to disseminate thè r6sults of such resèarch. The charity also supports 8ducahonal programmes to miligale agairtsl the rbsk of further injury from landmines and ERW to thè most vulnerable sections of afflided ¢x)mmunits"es. The fin81 focus of the charity falls on humanitarian programme5, aiming to improve the lives ol those already affeetèd. 1.1 Aeeountlng eonventlon The financial statements have been prepared in accudan( with the charity's governing docLJment. the Companies Act 2006 and 'Accounling and Reportin9 by Charities.. Sialemenl ol Recornmendèd Praeti apFAicable lo charities preparing their a(xount5 in aecordance with the Financial Repottsng Standard ap￿ICable in the UK and Republic of Ireland IFRS 1021" las amended for acwunling p8riods commencing frorn 1 January 20161. The charity Is a Public Bènèfit Entity as defined by FRS 102. The finanaal statements are prepared in sterlbng, whkh is the futxtional currency of the charity. Monetary anN)unts in these financial slalemenls are round8d to the nearest £. The finanaal statements have been prep8Ted undor the historical cx)sl convenbon. The prinapal accounting policies adopted are set out bek)w. 1.2 Going concern At the time of approving the finanual statements, the trustees have a reasonable expectation that the company has adequate reSou￿eS lo continue in operational existen￿ for the foreseeable luture. Howevef, the management has conffidenc8 that by buifding the profile and work that the charity undertakes through public, Corporate, national and international governments, trusts and foundations that over the ccming years the charity will be able to build on its present adequate resoui¢es. 1.3 Charltable fund5 Unrestricted funds are available for use at tha disLYetion of the tNslees in furtherani of their eharitable objectives. Restricted tunds are subject to specffic condit￿nS by donors as lo how they may be used. The purposes and uses of the reslricle(I funds are sèt out in the notes to the financial stal9rn8nts_ Designated funds comprise funds which have been sel aside at the discretion of the Injstees for speeific purposes. 1A Income IncoTne is recognised when the charity is legally enlilled to it after any perfomiance conditions have beèn met. the amounts can be measured reliably, and il is probablè that income w¢ll be r8ceNed. 14-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 A¢¢ounting policles (Continued) C8sh donations are recognisèd on receipt. other donat'ons are racognis£d On￿ the charity has been notrfied of the donation, unless performancg ¢ondilions require deferral ol the amount. Inwme tax recoverable in r81alion lo donations reeeived under GrftAid or deeds of covanant is recognised al the lime of the dcnation. Lègacies are rewgnised on recèipt or otherwise rf the charity has been notified of an ImFEnding distribution, the amount Is krKwn. and rectript 15 exp8ded. If the amount is not known, thè leg8¢y is treated as a eontingenl as5el. 1.5 Expendlture Expenditure is recognised once there is a legal ￿ conslructiva obligats.on to transfer economic benefit to a third paty. it is probable that a transfer of eeonomie benefits will be required in setllement, and the amount of the obligation can bè measured reliably. Expenditure is clasgfFed by a¢b"vity. The costs of eaeh activrty are made up of the total of dIr￿t costs and shared costs, including support costs involved in undertaking aach actlV1ty. Direct ￿sts attributable to a sing16 adivily are allocated directly to that ackn'vty. Shared eosts whieh contribute to more than one ath'vity and support costs which are not attributable to a Single activity are apportionert between Ih05e activities on a basis consistent wth the use of resourcè5. Central staff costs are allocated on the basis of time spent, and depreaation (harges ar8 allocated on the porkon of the asset's use. ReSoUr￿S expend8d are induded in the statement Of financial aclNits'es on an accruals basis, inclusive of VAT where il is not reeowrable. Charitabla èxp6ndilure comprises those cogts Incurred by the charity in the delivery of its activities and seNices for its benefrciaries. 11 includes both costs that can be allocated directly to gjch aetivrtias and those costs of an indirect nature necessary lo suppcirt them Govemance cx)sts include those costs assoaated ¥wth meeting the conslitulional and statutory requiremonts of the charity and includ& thè audit fees and costs linked to thè strètsgi¢ managernent of the charity. All costs are alloeAt8d between the expenditure eAtego￿e$ In the Statement of Financial Activities ISOFAI on a basis design6d to ieflect the use of the ￿SoUrC&. Ctrsts 1glab.ng lo a parts'oular activity are allocated dirèctly whilst others are apportioned on an appropriate basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequentSy measured at cost or valu8tK)n. nel of depreciation and any Impaimienl losses. Dewecialion is recognised so as lo write off the o)st or valuation of assets less their residual values over thèir useful lives on the lollowng bases". Fixtures and fittings Office equipment 20Vo sITaighl line 20% straight lin8 The gain or loss arising on the disptrsal of an asset is determined as the drfference between the sale prO￿edS and the carrying value ol ihe asset. and Is r8cognised in the statement of financial acts"vits"8s. 1.7 FFxed asset investments Fixed asset investments are inits.ally mèasured at transaction pri￿ excluding tran58CtTh costs, and are subsequently measured al fair valuè at each reporting dale. Changes in fa*r valuè are recognised in incomellexpandilurel for the year. Transaetion costs gre expensed as incurred. 15-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Accounting policlès {Continuedl 1.8 Impaimient of fixed assets At each 18poiting end date, the tharty revi8WS thè carrw'ng amounts of its tsngible and intangible 8ssets tr> determine whether there is any indication that those assets have suffered an impaimient loss. If any such Indication èxists. the recoverable arnounl of thè assèt is ests'maled in order to determine the extent of the impa5rrntsnt loss lif any). 1.9 Cash and cash equivalents Cash 8nd cash Èquivalents include cash in hand. dèpogts held al call wrth banks, other short-term liquid investments with omginal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in eurrent liabilities. 1.10 Financial instruments The charity has elected lo apply the wovisions of Section 11 'Basic Financial Instruments, an¢J Section 12 'OtheT Financial Instrumen15 Issués. of FRS 102 to all of Its financial instruments. Financial instrumen15 are rÈetrJnised in the charitys balanea shèet when the charity bècomès party lo the eontractual provisions of the instrument. Finanaal assets and liabilit￿5 are offsèt, with the nel amounts presented in the finanrial statements, when there is a legally enfor￿ab1￿ right to set off the recognised amounts and there is an intentK)n to setle on a nel basis or to realise th8 asset and setde the liability simultaneously. Basic financialassets Basic financial assets, which indude debtors and cash and bank balancès. are initially measuréd at transaction pnce Induding transacts'on costs and are subsequently carri8d at atnortised cost using the effective intèrast mèthod unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the futurè receipts discounted al a markèt rate of interest. Fin8noal assets dassified a5 recdvablè within one year are not arllortlssd. Baslc finanel•l Ilabllltlès 8asic financial liabilities, 1r￿1￿￿1ng ereditors and bank loans arè initially recognised al tran5actitsn WI￿ unless the arrangem6nt eonstilules a financing transaction, where the debt Instrurnent is measured al the present value of the futLtre payments discounted 81 & market rate of inleTest. Finènual liabilities classified as payable within one year are not amortised. Debt instruments are subsequently ¢arriad at am0￿'sed c051, using tha affective interest rale m8thod. Trade creditors are obligations to pay for goods OT services that have been acquired in tre tsrdinay course ol operations from suppliers. Amounts payable are classified as curient liabilities if payment 15 due wthin one year or léss. If not, they are presented a5 non-currenl liabilities. Trad8 creditors are recognised initially at transaction price and subsequently measured at amortised c051 using thè èffective interest method. D•r•eognitlon of financial liabilities Financial liabilities are derecognised when the charitys contractual obltgations expire or are dlseharged c cancelled. 1.11 Employee benefits The ¢xssl of any unused hL4iday entitlement is recognised In the period in whith the èmpksye8's seNices arg received. 1.12 Retlrèment beneflts Payments to defined contribulK)n r8tir8mènt b￿etit schemes are charged as an expense as they fall due. 16

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Accounting policies Icontinuedl 1.13 For•lgn *xchange Transacts"ons In currencies other than pounds sterling are raeorded al the rates of exd)ang6 prevailing al the dates ol the Iransaclions. At èath reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at Ihe rates prevailing on the reporting end date. Gains and Ios585 arising on translatK)n in the perK)d ar6 included in profil or loss. CrStlcal ae¢ounting estimates and judgements In the appI￿atiOn of the charity's a¢cx)unling poliaes, th8 trustees are required to makè judgements, estimates and assumptions about thè carrying amount ol assets and liabilities that are not ieadily apparent friyn other sJJree5. The estimates and a550￿￿ted assumptions arè based on historical eX￿r1&ne8 and other factors that are considered lo be relevant. Actu81 results may differ from these estimates. The estimates and un(JerlyiThJ assumptions are r8wewed on an ongoing basis. Revisions to accounting estitnates are recognisèd in the period in which the Èstimate is revised where the rev15ion affects cnly that pen()d, or in the period of the revision and future perio(Ss where the revision affects t￿th current and future periods. There arè no ￿tiCal attounting estimates or judgements. Donations and legacies Unrè5trrctsd Re8trrcted funds funds Total Unrestricted lunds Restrictèd funds Totsl 2023 2023 2023 2022 2022 2022 Donats'ons and gifts 5,787 1,058 6,845 2.666 5,907 8,573 Other tradrng activities Total Unrestn'cled funds 2023 2022 Trading activity income 476 17

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Investments Unre¥tricted Unrestricted funds fvnds 2023 2022 Income from listed investments Interest reeeivable 43.411 690 46,033 89 44,101 46.122 Cost of generating funds Unr8strlcted Unreslricled funds funds 2023 2022 undraisin Seeking donations and othgr voluntary income Publiclty 14,850 912 Fundraising and publicity IS,362 19,810 18,234 19,810 33,596 18-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Charitable activitie5 Humanltsrlan Research Educatlon General Total 2023 Tot 2022 2023 2023 2023 2023 Event costs Travel 8xpen5es Legal and professional fees 1,282 9,125 11,559 261 16,801 261 16,801 17.062 17,062 21,966 Grant funding of acb"vities (see note 81 170,574 53,014 14,39f 237,979 915.858 Share of support costs Isee notè 91 Share ol g0Veman￿ ttjsts 15ee note 91 126,859 56,382 14,096 84,573 281,910 274,488 12,709 12,709 10,855 297,433 109,396 28,487 114,344 549,660 1.223,167 Analysls by fund Unr8Stri¢ted funds Designated funds 126,859 170,574 56,382 53,014 14,096 14,3g1 114,344 311,881 237,979 307,309 915,858 297,433 109,396 28,487 114.344 549.660 1,223,167 19

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Charitable activities {ConUnuedl For the year ended 30 June 2022 Hurnanltarlan Research Educatlon General Total 2022 Event costs Travel expenses Legal and professlonal lees 1,282 1,282 9.125 11,559 9,125 10,501 1,058 2.340 19,626 21,966 Grant funding of activities (see note 81 258,033 594,244 63,581 915.858 Share of support costs Isee note 91 Share of govemanrE (x)sts (see not8 S4,892 82,346 27,455 109,795 274,488 10,855 10,855 315,265 676,590 91,036 140,276 1,223,167 Analysis by fund Unrestricted funds Designated funds 57,232 258.033 82.346 594.244 27,455 63,581 140.276 307.309 915.858 315.￿5 676,590 91,036 140,276 1,223,167

gèg ¢D a>

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 Support costs Support Governance e05ts costs 2023Support costs Govemance costs 2022 staff costs Depreciation Exchange Losses Sundry expenses Rent and office costs Postsge and stationary IT and lelecommunicalions Bank charges and interest 259,738 1,107 3.485 2.246 5,307 183 259.736 1,107 3.485 2.246 5,307 183 216.118 4,231 6,251 4,272 30,602 1,630 216,118 4,231 6,251 4,272 30.602 1,630 6,968 8.988 8,217 8.217 2,878 2,878 3,167 3,167 Audf( foes Accountancy Hire of meeting room5 9,900 2.809 9,900 2,809 7,500 1,500 1,855 7,500 1,500 1,855 281,910 12,709 294,619 274.488 10,855 285,343 Analysed between Charitable adiwties 281,910 12,709 294,619 274,488 10,855 285,343 Governan￿ costs includes paym8nls lo thè auditors of £9,90012022 £7,500) for audit fees. 10 Trustees During the year trustees were reimbursed expenses tot8lling £10012022 £NILI. During th8 year trustaas wère remunerated £NIL12022 £NILI.

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 11 Employees Number of employees The average monthly number of empbyees during the y¢arw85". 2023 Number 2022 Number Offi¢x and management Employment cost¥ 2023 2022 Wages and salaries Social security costs Other ponsion costs 230,599 23,102 6.035 190.889 14,083 11,146 259,736 216,118 The number of employees whose annual remuneration was £60,000 or more were.. 2023 Number 2022 Number £100,001- £110,0(KI £160,001- £170.000 The key management p6rsonn81 of the charity comprise thè trustees and the Chief Executs've. The total ompk)yee benefits of the kèy management personnel of the charity was £165,01512022 £100,191). 12 Other Unrestr5cted fund$ Total 2023 2022 Net loss on disposal of tsngible fixed assets 4,293 4,293 13 Net 90in$lllossesl on inv&stm•nts Unregtricted Unrestricted Yund lunds 2023 2022 Gainllk>ssI on sale of investments 57,485 1113,3831

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 30 JUNE 2023 14 Tanglble fixed assets Fixture8 and Iltting8 Office equipment Total Cost At 1 July 2022 Disposals 1,015 11,0151 23,101 17,9371 24,116 18,9521 AI 30 June 2023 15,164 15,164 Depreciation and impairnient At 1 July 2022 Depr6eiabon Charged in the year Eliminated in respèct of disposals 785 15,513 1.107 13,8731 16,298 1,107 14,6581 17851 At 30 June 2023 12,747 12,747 Carying amount AI 30 June 2023 2,417 2,417 At 30 Juntr 2022 230 7.588 7,818 -24-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 15 Foxed a$sel investments Listed investments Cost or valuatlon At 1 July 2022 Additions Unr881ised gain DispDsals 1,847,872 1,073,628 57.485 {1.030.6081 At 30 June 2023 1,948.377 Carrying amount AI 30 June 2023 1.948,377 At 30 June 2022 1,847,872 16 Financial instruments 2023 2022 Carrying amount of financlal assets In5ttument5 measured at fail value through profit or k)55 1,948.377 1,847,872 17 Debtors 2023 2022 Amounts falling due wlthin one year: Trade debtors Other debtors Prepaym8nts and accrued incorn8 23 954 60,488 507 5,132 5,641 81,465 18 Creditors: amounts falling due wlthln one year 2023 2022 other taxation and social security Trade creditors Other eredilors Aeeruals and deferred income 11,6781 14,018 261,114 11,137 10.140 10.831 284,591 -25-

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 19 Retirement benefit schemés Oefined Contribution g¢hemes The charity operates a defined contribution pension scherne for all qualifying employees. The assets of the stheme are held separately from those of the charity in Indep8nd￿tlY administered fund. The charge to profit or loss in rèspect of defined contribution schemes was £6,03512022- £11,146). 20 Designated funds The incorne fund5 of the charity includa the followng designated fvnds which have been set aside out of unrestricted fijnds by the tnJstee5 for speafic purposes.. Humanitarian and Development A55iStanee Projects suppoth'ng both the Imrnediate humanitarian needs of those caught up in eiJrr8nt conflicts and the longer-lerm developrn8nt chall8ngas of people living with the legacy of past wats. Education and Training Through our conflict recovery eentres and partnerships, The Sir Bobby Chorfton Foundation offers vocational and small I￿SinesS training for people in ¢wffict-affèct8d ccfflmunilies hav8 disability and for those living in p(>verty. ReSea￿h and Innovation We support innovative Tesearch into both medical and technological solutions that assist the physical and psyd)ologi(*l rtrhabilitation ol war vtctims and aKI the cleara)cè of landmines and unexploded ordnanco. The desiwated fund at year end is £194,695, this is ¢ompris8d of tha following balan￿$.. Exc8ed- £125.685 LS Lowry painting tour- £20,000 Shakhtar Foundation- £25,010 str86t Rèds- £24,000

cocm (o TJ

THE SIR BOBBY CHARLTON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023 22 Related party transactions There were no disclos8￿& related party transactions during the year12022- none). 23 Cash generated from oporatlons 2023 2022 Deficit for tho year 1465,3321 11.337,4381 Adjustments for. Investment ineome recognised in statement of financial acti￿￿&S Loss on disposal of tangible fix￿1 assets IGain)A05s on disw)sal of investments Amortisation and impairm8nt ol intangible assets Deprecialion and impaimènt ol tangible fixed assets 144,1011 4,293 157.4851 146.1221 113.383 1.428 2.803 1,107 Movements in working capital.. Decreasellincreasel in debt￿5 IDecreasel in creditors 55,824 1273,7601 18,8291 198,2211 Cash absorbed by operations 1779,4541 11.372,9961 24 Analysls of changes in net funds The oharily had no debt during the year.

Audit findings report The Sir Bobby Charlton Foundation Year ended 30 June 2023

Accounting | Tax | Audit | Advisory | Technology A

27[th] March 2024

Strictly Private & Confidential

The Board of Trustees The Sir Bobby Charlton Foundation Booths Hall, Booths Park Chelford Road Knutsford Cheshire WA16 8GS

Dear The Trustees,

The Sir Bobby Charlton Foundation Audit findings for the year ended 30[th] June 2023

This Audit Findings Report highlights the significant findings arising from the audit for the benefit of those charged with governance. We appreciate that you may be aware of some of the matters contained in this report, however as required by International Standard on Auditing (UK) 260 we are communicating them to you formally.

As auditor we are responsible for performing the audit, in accordance with International Standards on Auditing (UK) (ISAs UK)), which is directed towards forming and expressing an opinion on the financial statements. The audit of the financial statements does not relieve management or those charged with governance of their responsibilities, including those in respect of the preparation of financial statements.

There is more detail in respect of the responsibilities of the auditor and those charged with governance within our engagement letter. Our standard terms and conditions can be found at https://www.azets.co.uk/terms-of-business.

The contents of this report relate only to those matters which came to our attention during the conduct of our normal audit procedures which are designed primarily for the purpose of expressing our opinion on the financial statements. We do not accept any responsibility for any loss occasioned to any third party acting or refraining from acting on the basis of the content of this report, as this report was not prepared for, nor intended for, any other purpose.

We would like to take this opportunity to record our appreciation for the kind assistance provided by your team during our audit. If we can be of any further assistance, please contact Jon Ward (jon.ward@azets.co.uk).

Yours sincerely,

Azets Audit Services

Jon Ward

Senior Statutory Auditor

Azets Audit Services

Contents

1. Executive summary
2. Significant audit findings
3. Going concern
4. Audit communication
5. Internal controls
6. Independence and ethics

1. Executive summary

Audit overview

This table summarises the significant matters arising from the statutory audit of The Sir Bobby Charlton Foundation for the year ended 30[th] June 2023 for those charged with governance.

Audit We do not propose any modifications to our audit opinion which is unqualified. opinion We have no matters to report regarding the adoption of the going concern basis or inadequate disclosures relating to material uncertainties. Our audit work is substantially complete and there are currently no matters which would require modification of our audit report, subject to the outstanding matters detailed below:  Signing of financial statements  Signing of letter of representation Audit There were no changes to our audit approach as set out to you in our letter approach dated 21[st] August 2023. Significant There are no significant audit findings to report. audit

findings Audit We are required to communicate all potential adjustments, other than those adjustments considered to be clearly trivial, to management and to request that management corrects them. All audit adjustments have been detailed in the attached profit reconciliation. All unadjusted differences are collectively and individually under materiality. Internal The purpose of the audit was for us to express an opinion on the financial controls statements. The audit included consideration of internal controls relevant to the preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of internal control. Our audit is, therefore, not designed to identify all control weaknesses. However, where, as part of our testing, we identify deficiencies in internal control, we have reported these to you in the internal control section. ~~:~~

1

2. Significant audit findings

This section of our report includes a summary of significant audit findings relating to significant risk areas identified at planning and other risk areas that required special consideration or arose during the course of the audit.

Significant risk areas identified at planning

Significant risks are risks that require special audit consideration and include identified risks of material misstatement that:

Significant risks at the financial statement level

The below table summarises conclusions in relation to significant risks of material misstatement identified at the financial statement level. These risks are considered to have a pervasive impact on the financial statements as a whole and potentially affect many assertions for classes of transaction, account balances and disclosures.

Key risk area Audit Approach Conclusions
Management override of controls
Management is in a unique position
to perpetrate fraud because of
management's ability to manipulate Procedures performed to
accounting records and prepare mitigate risks of material
fraudulent financial statements by misstatement in this area will
overriding controls that otherwise include:
appear to be operating effectively.
Although the level of risk of
management override of controls will
vary from entity to entity, the risk is
nevertheless present in all entities.
Due to the unpredictable way in
which such override could occur, it is
a risk of material misstatement due to		 a risk of material misstatement due to Review of accounting
estimates, judgements
and decisions made by
management;
Testing of journal entries;
Review of any unusual
significant transactions		 There was no evidence of
management override
identified.

Although the level of risk of management override of controls will vary from entity to entity, the risk is nevertheless present in all entities. Due to the unpredictable way in which such override could occur, it is a risk of material misstatement due to fraud and thus a significant risk.

Risk of material misstatement: Low

2

Going Concern The Trustees have Due to the nature and funding of the demonstrated that the charity charity, a thorough and robust review has access to sufficient of the going concern position was funds and can remain needed. solvent for at least 12 months from the approval of Risk of material misstatement: Low the financial statements.

Our testing found no evidence that there currently is a going concern risk

Significant risks at the assertion level for classes of transaction, account balances and disclosures

The below table summarises conclusions in relation to significant risks of material misstatement assertion level for classes of transaction, account balances and disclosures.

Key risk area Audit Approach Conclusions
Fraud in income recognition
Material misstatement due to
fraudulent financial reporting
relating to revenue recognition is a Procedures performed to
presumed risk in ISA 240 (The
Auditor's Responsibilities Relating
to Fraud in an Audit of Financial
Statements).		 mitigate risks of material
misstatement in this area will
include:

Review and testing of
income recognition		 Our testing identified no
evidence of fraud within
income recognition.
Inherent risk of material policies
misstatement:

3

3. Going concern

As auditors, we are required to “obtain sufficient appropriate audit evidence about the appropriateness of management's use of the going concern assumption in the preparation and presentation of the financial statements and to conclude whether there is a material uncertainty about the entity's ability to continue as a going concern” (ISA (UK) 570).

Management’s assessment of going concern

The Sir Bobby Charlton Foundation has prepared its financial statements on the going concern basis. Management’s assessment covers a period of at least 12 months from expected date of approval of the accounts

Audit work performed

ISA 570 (revised) specifies mandatory procedures that we are required to carry out on going concern.

We have had discussions with management and reviewed key financials at year end, including the bank and investment balances. We have determined that the charity has sufficient funds to operate for the next 12 months at least.

Disclosures

We have reviewed the disclosures set out in note 1.2 of the financial statements and are satisfied with the disclosure made.

Conclusion

We concur with management’s assessment that it is appropriate to continue to adopt the going concern basis and there are no material uncertainties relating to going concern which should be disclosed in the financial statements.

4

4. Audit communication

Materiality

Whilst our audit procedures are designed to identify misstatements which are material to our audit opinion, we also report to those charged with governance and management any uncorrected misstatements of lower value errors to the extent that our audit identifies these.

Under ISA (UK) 260 ‘Communication with those charged with governance’, we are obliged to report uncorrected omissions or misstatements other than those which are ‘clearly trivial’ to those charged with governance. ISA (UK) 260 defines ‘clearly trivial’ as matters that are clearly inconsequential, whether taken individually or in aggregate and whether judged by any quantitative or qualitative criteria.

An omission or misstatement is regarded as material if it would reasonably influence the users of the financial statements. The assessment of what is material is a matter of professional judgement and is affected by our assessment of the risk profile of the business and the needs of the users.

Our work as auditor is not intended to identify any instances of fraud of a non-material nature and should not be relied upon for this purpose. In the event that the trustees wish to obtain enhanced assurance with regard to the effectiveness of internal control in preventing and detecting fraud we should be happy to provide additional services.

Written representations

We will present the final letter of representation to the board to sign at the same time as the financial statements are approved.

Related parties

We are not aware of any related party transactions.

Confirmations from third parties

All requested third party confirmations have been received.

Accounting policies

The accounting policies used in preparing the financial statements are unchanged from the prior year.

Presentation and disclosures

Our work included a review of the adequacy of disclosures in the financial statements and consideration of the appropriateness of the accounting policies and estimation techniques adopted by the entity.

Overall, we found the disclosed accounting policies, significant accounting estimates and the overall disclosures and presentation to be appropriate.

Fraud and suspected fraud

We have previously discussed the risk of fraud with management. We have not been made aware of any incidents in the period nor have any incidents come to our attention as a result of our audit testing.

5

5. Internal controls

Control environment

The purpose of the audit was for us to express an opinion on the financial statements. The audit included consideration of internal controls relevant to the preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of internal control. Our audit is, therefore, not designed to identify all control weaknesses and the matters reported below are limited to those deficiencies that we have identified during the audit.

Control weaknesses and recommendations

Control weaknesses and recommendations identified from our current year work are summarised below.

Control weakness
identified
Implication
~~i~~		 Control weakness
identified
Implication
~~i~~		 Recommendation
Management
Response
~~ee~~		 Recommendation
Management
Response
~~ee~~
When possible,
Insufficient
documentation for ad-
hoc donation income.		 Albeit not material
during the current
year, all income
should be formally
documented.		 send a thankyou
letter to donors so
there is
documentary
evidence other
than the payment		 Noted and agreed.
into the bank

6. Independence and ethics

In accordance with our profession’s ethical requirements and further to our audit planning letter issued confirming audit arrangements there are no further matters to bring to your attention in relation to our integrity, objectivity, and independence.

We have nothing new to report from the information provided in our planning letter.

6

AJ AZETS